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VLGC Virologic (MM)

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Share Name Share Symbol Market Type
Virologic (MM) NASDAQ:VLGC NASDAQ Common Stock
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ViroLogic Launches VLink Online System for HIV Resistance Test Reporting

30/03/2004 1:30pm

PR Newswire (US)


Virologic (NASDAQ:VLGC)
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ViroLogic Launches VLink Online System for HIV Resistance Test Reporting Internet Access to Test Results Adds Convenience and Reduces Turnaround Time SOUTH SAN FRANCISCO, Calif., March 30 /PRNewswire-FirstCall/ -- ViroLogic, Inc. today announced the launch of VLink online test reporting for its comprehensive portfolio of HIV drug resistance assays, PhenoSense GT(TM), PhenoSense(TM) HIV and GeneSeq(TM) HIV. The VLink system is designed to offer a fast and convenient way for healthcare professionals to access test results via a secure Internet connection. "Creating secure and convenient online access to up-to-date test results will help improve patient care," said Stephen Becker, MD, Associate Clinical Professor of Medicine at the University ofCalifornia, San Francisco and an HIV specialist in private practice. "ViroLogic's online reporting system is a useful tool that places current and historical testing information at my fingertips and provides efficiencies that are not realized by paper-based systems." Increasingly, healthcare organizations are improving efficiency through the adoption of electronic or web-based procedures. ViroLogic's secure new online system facilitates data analysis, allowing examination of historical patient resistance data to help identify resistance patterns in patients over time. Importantly, this service is expected to shorten the time period between sample submission and reporting of results. The Company believes the system is fully compliant with the patient confidentiality regulations outlined in the Health Insurance Portability and Accountability Act (HIPAA). "VLink is intended to facilitate rapid HIPAA-compliant access to test results, enabling more prompt and informed management of patients withHIV," said Tien Bui, ViroLogic's Vice President of Sales and Marketing. "We are committed to building on our leadership position in HIV resistance testing through continued enhancement of our products and services to healthcare providers." Interestedcustomers may register for this service by contacting ViroLogic's Customer Service department at 800-777-0177 or by e-mail at . The online reporting service is also available to ViroLogic's pharmaceutical and clinical research collaborators. About ViroLogic ViroLogic is a biotechnology company advancing individualized medicine by discovering, developing and marketing innovative products to guide and improve treatment of serious viral diseases such as AIDS and hepatitis. The Company's products aredesigned to help doctors optimize treatment regimens for their patients that lead to better outcomes and reduced costs. The Company's technology is also being used by numerous biopharmaceutical companies to develop new and improved antiviral therapeutics and vaccines targeted at emerging drug-resistant viruses. More information about the Company and its technology can be found on its web site at http://www.virologic.com/. Certain statements in this press release are forward-looking, including statements relating to overall turnaround time, efficiencies resulting from electronic reporting, and compliance with HIPAA. These forward-looking statements are subject to risks and uncertainties and other factors, which may cause actual results to differmaterially from the anticipated results or other expectations expressed in such forward-looking statements. These risks and uncertainties include, but are not limited to, the risks that the Company's products may not perform in the same manner as indicated in this press release, whether ViroLogic successfully introduces new products, whether others introduce competitive products, the risk that the Company's products for patient testing may not continue to be accepted or that increased demand from drug development partners may not develop as anticipated, the risk that gross margins may not increase as expected, the risk that ViroLogic may not continue to realize anticipated benefits from its cost-cutting measures, the timing of pharmaceutical company clinical trials, whether payors will authorize reimbursement for its products, whether the FDA or any other agency will decide to regulate ViroLogic's products or services, whether the Company will encounter problems or delays in automating its processes, whether ViroLogic successfully introduces new products, whether others introduce competitive products, whether intellectual property underlying the Company's PhenoSense technology is adequate, whether licenses to third party technology will be available, whether ViroLogic is able to build brand loyalty and expand revenues, and whether ViroLogic will be able to raise sufficient capital when required. For a discussion of other factors that may cause ViroLogic's actual events to differ from those projected, please refer to the Company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other subsequent filings with the Securities and Exchange Commission. DATASOURCE: ViroLogic, Inc. CONTACT: Karen Wilson,CFO of ViroLogic, +1-650-624-4164, or Web site: http://www.virologic.com/

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